The Free Money For August Statement

Fidelity Fully Paid Lending Program Statements

Today I received notification of some new statements for Cindie’s traditional IRA and her ROTH IRA. This was another helpful piece of the puzzle. I like the fact that these statements summarize the day-to-day interest rates, and the actual amount of interest earned per day.

As you can see in these statements, she is loaning her shares of SAVA and ABR. Also note that she did not start this new income stream until mid-August, so September’s results should be better even if interest rates continue to decline.

My ROTH and IRA

I turned on FPLP for my ROTH IRA and traditional IRA.  Just like Cindie, my shares of SAVA and ABR qualified for the program. In addition, my shares of MPW qualified. It will be interesting to see how much I will earn in September for the loan of my shares. I do trade covered call options on SAVA and MPW as well.